BlackBerry Playbook Slashed Down Prices Due to Unimpressive Sales

By Dora Tutor, on September 27th, 2011%
BlackBerry Playbook

RIM or Research in Motion retail partners have begun cutting down the prices of the company’s BlackBerry Playbook tablet just to cope up with the low market sales.

Jim Balsillie, RIM co-CEO confirmed that these price drops are expected after the company reported just 200,000 units of Playbook shipped into channels during the first year of availability. According to a report from BGR, Rogers employees were able to buy the BlackBerry Playbook for just $250.

The company (RIM) offers three types of its tablet, a 16GB, 32Gb, and 64GB entry-level model, all versions are . . . → Read More: BlackBerry Playbook Slashed Down Prices Due to Unimpressive Sales

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BlackBerry, Soon to Cut Jobs

By Jharma Mulchandani, on June 17th, 2011%
BlackBerry, Soon to Cut Jobs

Manufacturer of the BlackBerry smartphone, predict second quarter income that missed analysts’ estimates and allege it will cut jobs as a lack of latest models on times consumers to purchase competitor gadgets.

The stock cut down in so far as 16% in late trading following RIM said income this quarter would be 75% to $1.05 a share.  Analysts forecasted $1.40, eliminating several costs, according to a Bloomberg study. RIM said, income will be $4.2 billion to $4.8 billion in the three months through August, compared with the standard estimate of $5.47 billion.

RIM is behind . . . → Read More: BlackBerry, Soon to Cut Jobs

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